Groww Creditserv Technology Private Limited

Provides digital personal loans as a registered NBFC in Bangalore.

2021 | Bangalore, Karnataka (India) | Active
Last Updated: July 09, 2024

Groww Creditserv Technology Profile

Key Indicators

  • Authorised Capital ₹ 325.00 Cr
  • Paid Up Capital ₹ 252.16 Cr
  • Company Age 4 Year, 27 Days
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 10.00 Cr
  • Revenue Growth 136.35%
  • Profit Growth -5409.08%
  • Ebitda -4098.44%
  • Net Worth 89.04%
  • Total Assets 102.37%

About Groww Creditserv Technology

Groww Creditserv Technology Private Limited (GCTPL) is a Private Limited Indian Non-Government Company incorporated in India on 25 January 2021 (Four years 27 days old ). Its registered office is in Bangalore, Karnataka, India.

The Company is engaged in the Financial Services Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 325.00 Cr and a paid-up capital of Rs 252.16 Cr.

The company currently has active open charges totaling ₹10.00 Cr.

The Key Managerial Personnel (KMP) at Groww Creditserv Technology Private Limited India is Sneha Jain as COMPANY SECRETARY. Harsh Jain, Ishan Bansal, Siddhartha Sengupta, and One other member serve as directors at the Company.

Company Details

  • Location

    Bangalore, Karnataka, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    groww.in

  • Social Media
  • Apps

Corporate Identity Details

  • CIN/LLPIN

    U65990KA2021PTC143517

  • Company No.

    143517

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    25 Jan 2021

  • Date of AGM

    21 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Bangalore

Industry

Financial Services

Who are the key members and board of directors at Groww Creditserv Technology?

Executive Team (2)

NameDesignationAppointment DateStatus
Ishan Bansal Country flag representing In Managing Director25-Jan-2021Current
Sneha Jain Company Secretary23-Sep-2022Current

Board Members (3)

NameDesignationAppointment DateStatus
Harsh Jain Country flag representing In Director 25-Jan-2021Current
Ashutosh Naik Country flag representing In Director 24-May-2021Current
Siddhartha Sengupta Country flag representing In Director 09-Feb-2021Current

Financial Performance of Groww Creditserv Technology.

Groww Creditserv Technology Private Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 136.35% increase. The company also saw a substantial fall in profitability, with a 5409.08% decrease in profit. The company's net worth Soared by an impressive increase of 89.04%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
136.35%
Revenue from Operations
Total Assets
102.37%
Profit or Loss
-5409.08%
Net Worth
89.04%
EBITDA
-4098.44%

What is the Ownership and Shareholding Structure of Groww Creditserv Technology?

In 2023, Groww Creditserv Technology had a promoter holding of 100.00%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹10.00 Cr

Satisfied Charges

₹0

Charges Breakdown by Lending Institutions

  • Others : 10.00 Cr

Latest Charge Details

DateLenderAmountStatus
18 Aug 2023Others₹10.00 CrOpen

How Many Employees Work at Groww Creditserv Technology?

Groww Creditserv Technology has a workforce of 57 employees as of Apr 05, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Groww Creditserv Technology, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Groww Creditserv Technology's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Groww Creditserv Technology

Recent activity within the organization

  • Annual General Meeting

    Groww Creditserv Technology Private Limited last Annual general meeting of members was held on 21 Sep 2023 as per latest MCA records.

    21 Sep 2023

  • Charges

    A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100777395 was registered on 18 Aug 2023.

    18 Aug 2023

  • Balance Sheet

    Groww Creditserv Technology Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Bangalore.

    31 Mar 2023

  • Director Appointment

    Sneha Jayantilal Jain was appointed as a Company Secretary was appointed as a Company Secretary on 23 Sep 2022 & has been associated with this company since 2 years 5 months .

    23 Sep 2022

  • Director Appointment

    Ashutosh Ashok Naik was appointed as a Director was appointed as a Director on 24 May 2021 & has been associated with this company since 3 years 9 months .

    24 May 2021

  • Director Appointment

    Siddhartha Sengupta was appointed as a Director was appointed as a Director on 09 Feb 2021 & has been associated with this company since 4 years 12 days .

    09 Feb 2021

Recent News, Updates & Announcement

Frequently asked questions

  • Groww Creditserv Technology Private Limited was incorporated on 25 Jan 2021.

  • The authorized share capital of Groww Creditserv Technology Private Limited is ₹ 325.00 Cr and paid-up capital is ₹ 252.16 Cr.

  • Currently 5 directors are associated with Groww Creditserv Technology Private Limited.

    • Harsh Jain
    • Ishan Bansal
    • Siddhartha Sengupta
    • Ashutosh Ashok Naik
    • Sneha Jayantilal Jain
  • As per Ministry of Corporate Affairs (Mca), the registered address of Groww Creditserv Technology Private Limited is Proms 1St Floor 3H 7Th C Main Road, 3Rd Block Koramangala, Bangalore, Karnataka, India, 560034.

  • The corporate identification number (CIN) of Groww Creditserv Technology Private Limited is U65990KA2021PTC143517 and the company number is 143517 as per Ministry of Corporate Affairs (MCA).

  • The Official website of Groww Creditserv Technology Private Limited is https://www.groww.in

  • According to the financial reports for the fiscal year 2023, the revenue trend for Groww Creditserv Technology Private Limited has risen by 136.35%.

  • As Per 2023 financial reports, 57 employees are currently employed by Groww Creditserv Technology Private Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Groww Creditserv Technology Private Limited has experienced an upsurge of 89.04%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Groww Creditserv Technology Private Limited amount to ₹ 10.00 Cr.

  • The most recent Balance Sheet for Groww Creditserv Technology Private Limited was filed with the ROC on 31 Mar 2023.